SafeMoon was created in March 2021 to challenge particularly meme-based cryptocurrencies, such as Dogecoin and Shiba Inu. Moreover, it was created to aim the community-focused decentralized finance (Defi).
In the past month of October 2022, the founders and developers of SafeMoon have shocked everyone after their new announcement. In October 2021, they suggested that they plan to launch a new version of this token, probably 2.0. The latest version, 2.0, will have a new total coin supply of 1 trillion.
At the same time, the coin burn will have almost 575 billion coins in circulation. Meanwhile, the updated news from the developers on October 13th claimed that this newer version would try to attract new buyers/investors by lowering the fee of this coin to start with. On the other hand, about 10 percent fee will still apply to trades today.
Furthermore, this 2.0 version of SafeMoon will allow the developers at SafeMoon to address the 12 flaws/problems that Blockchain security firm Certik found in its security audit in April.
SafeMoon Price Prediction
- According to the price prediction from DigitalCoin, on average, the price of the emerging coin token can reach up to $0.0000074376 in 2022. Besides this, if the same trend continues, the price would have reached almost $0.0000086024 in 2023 and $0.0000125853 in 2025.
- As per the predictions from the forecasting website – Wallet Investor, the price could rise to over $0.000004 by the end of the year 2021.
- Also, according to the predictions of Price Prediction, the digital coin has some potential to reach an all-time high price, even more than its previous high price. The firm further sees this coin as reaching $0.00000665 at the end of 2022.
- Coinpedia, another forecasting site, predicted that altcoin can start 2022 with a bullish. On average, the price will be near $0.0000067 at the end of 2022. In contrast, if 2021 ends with a bearish trend, the coin could be trading at $0.000003 at the beginning of 2021.
- On the contrary, Gov Capital claimed that this token would collapse soon and its value and price zero. What’s your opinion on this prediction?? Tell us in the comments.
It is essential to remind you that all these predictions can sometimes become wrong due to the volatile nature of cryptos. So, please don’t take this informative blog post as a piece of advice for our investment in this crypto coin.
We recommend you always do your research, follow the latest market trends, news of your desired digital coin, and then make any decision before investing in it. It is a best practice to don’t invest our all money and savings in this industry, instead invest only that amount you can afford to lose.
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